VHT SERVICES: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
VHT SERVICES
Largest movements
- Tangible fixed assets -€15,501
down €15,501 (-95.3%), from €16,270 to €769
- Deferred charges and accrued income +€8,111
up €8,111, from €0 to €8,111
- Cash +€7,781
up €7,781 (+2233.4%), from €348 to €8,129
mainly Investment in fixed assets (net) (+€15,114) and Receivables within one year (+€4,205)
- Receivables within one year -€4,205
down €4,205 (-65.9%), from €6,380 to €2,175
of which Trade receivables: -€3,510
- Current portion of long-term debt -€3,040
down €3,040 (-100.0%), from €3,040 to €0
- Other debts +€2,016
up €2,016 (+1709.1%), from €118 to €2,134
- Debts after one year -€1,831
down €1,831 (-100.0%), from €1,831 to €0
- Profit (loss) carried forward -€1,283
down €1,283 (-15.7%), from €8,151 to €6,868
- Tax, wage and social debts +€1,047
up €1,047 (+75.5%), from €1,386 to €2,432
- Depreciation -€5,430
down €5,430 (-93.4%), from €5,816 to €387
- Gross operating margin -€2,987
down €2,987, from €1,970 to -€1,017
- Financial income +€1,673
up €1,673 (+34996.0%), from €5 to €1,678
of which Non-recurring financial income: +€1,649
- Other operating charges -€291
down €291 (-24.4%), from €1,195 to €904
- Taxes +€195
up €195 (+150.1%), from €130 to €325
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €22,998 | €19,184 | -€3,814 | -16.6% |
| Fixed assets | 21/28 | €16,270 | €769 | -€15,501 | -95.3% |
| Tangible fixed assets | 22/27 | €16,270 | €769 | -€15,501 | -95.3% |
| Furniture and vehicles | 24 | €16,270 | €769 | -€15,501 | -95.3% |
| Current assets | 29/58 | €6,728 | €18,415 | +€11,687 | +173.7% |
| Amounts receivable within one year | 40/41 | €6,380 | €2,175 | -€4,205 | -65.9% |
| Trade receivables | 40 | €3,510 | €0 | -€3,510 | -100.0% |
| Other amounts receivable | 41 | €2,870 | €2,175 | -€695 | -24.2% |
| Cash at bank and in hand | 54/58 | €348 | €8,129 | +€7,781 | +2233.4% |
| Deferred charges and accrued income | 490/1 | €0 | €8,111 | +€8,111 | |
| Total equity and liabilities | 10/49 | €22,998 | €19,184 | -€3,814 | -16.6% |
| Equity | 10/15 | €15,814 | €14,531 | -€1,283 | -8.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €4,663 | €4,663 | = | 0.0% |
| Distributable reserves | 133 | €4,663 | €4,663 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,151 | €6,868 | -€1,283 | -15.7% |
| Amounts payable | 17/49 | €7,184 | €4,653 | -€2,531 | -35.2% |
| Amounts payable after more than one year | 17 | €1,831 | €0 | -€1,831 | -100.0% |
| Financial debts | 170/4 | €1,831 | €0 | -€1,831 | -100.0% |
| Amounts payable within one year | 42/48 | €5,353 | €4,653 | -€700 | -13.1% |
| Current portion of amounts payable after more than one year | 42 | €3,040 | €0 | -€3,040 | -100.0% |
| Trade debts | 44 | €809 | €87 | -€723 | -89.3% |
| Suppliers | 440/4 | €809 | €87 | -€723 | -89.3% |
| Taxes, remuneration and social security | 45 | €1,386 | €2,432 | +€1,047 | +75.5% |
| Taxes | 450/3 | €1,386 | €2,432 | +€1,047 | +75.5% |
| Other amounts payable | 47/48 | €118 | €2,134 | +€2,016 | +1709.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,816 | €387 | -€5,430 | -93.4% |
| Other operating charges | 640/8 | €1,195 | €904 | -€291 | -24.4% |
| Gross operating margin | 9900 | €1,970 | -€1,017 | -€2,987 | |
| Operating profit (loss) | 9901 | -€5,042 | -€2,308 | +€2,734 | +54.2% |
| Financial income | 75/76B | €5 | €1,678 | +€1,673 | +34996.0% |
| Recurring financial income | 75 | €5 | €29 | +€24 | +507.5% |
| Non-recurring financial income | 76B | - | €1,649 | +€1,649 | |
| Financial charges | 65/66B | €428 | €328 | -€100 | -23.5% |
| Recurring financial charges | 65 | €428 | €328 | -€100 | -23.5% |
| Profit (loss) for the period before taxes | 9903 | -€5,466 | -€958 | +€4,508 | +82.5% |
| Income taxes | 67/77 | €130 | €325 | +€195 | +150.1% |
| Profit (loss) for the period | 9904 | -€5,596 | -€1,283 | +€4,313 | +77.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,596 | -€1,283 | +€4,313 | +77.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.